March 13, 2012
Press Release No. 1
NSE
launches “EMERGE” – SME Platform
The
National Stock exchange today announced the launch of its SME platform. The new
platform will be called ”EMERGE”, as it symbolises the aspirations of a large
number of entrepreneurs actively participating in the India growth story and
having the potential to unlock value and emerge on a bigger stage. It will also
provide investors with exciting opportunities to invest in growing businesses.
EMERGE has the potential to significantly improve access to risk capital for
emerging companies.
Mr.
Ravi Narain, MD & CEO, of NSE said “Globally, junior platforms have
succeeded by coordinated efforts of exchanges, merchant bankers and investors
including angel investors and VC/PE community. We are confident that India
today has all the ingredients for the platform to become an engine of growth
for deserving companies to raise capital in an efficient manner ’’
Ms.
Chitra Ramkrishna, Jt. Managing Director, NSE said “issuers may opt for either
call auction or continuous market depending on the investor profile. NSE will also encourage issuers to undertake
certain voluntary standards for improved governance and transparency”.
Head
of the SME project at NSE, Mr. Ravi Tyagi said “We have actively engaged with
all the stakeholders and we hope that different classes of investors will see
this as an opportunity to invest in companies having promising business models.
Continuous
engagement and collaboration with all stakeholders is imperative for the long
term success of the SME platform and we are committed to devoting
effort and resources towards that. Merchant bankers will play a very important
role in the success of ‘EMERGE’.”
Press Release No. 2
Clarification by United Breweries
Limited
Substantial increase in trading volumes has been
observed in United Breweries Limited.
The Exchange, in order to ensure that investors have
latest relevant information about the company and to inform the market place so
that the interest of the investors is safeguarded, had written to the company.
United Breweries Limited has vide its letter
inter-alia stated, "We are not aware of any information / reason for
increase in volumes."
Press Release No. 3
NSE completes 3010th
Normal Settlement
The
Exchange has successfully completed its 3010th Normal Settlement
(Rolling T+2 following SEBI directive) since inception i.e., Settlement Number
N – 2012047 on March 13, 2012. The settlement statistics are as follows:
|
Particulars |
|
|
|
N-2012047 |
|
Total traded quantity (lakhs) |
7064.49 |
|
Total traded value (Rs. In Crores) |
13311.80 |
|
Total value of the settlement (Securities) (Rs. In Crores) |
4138.58 |
|
Total value of the settlement (Funds) (Rs. In Crores) |
1649.19 |
|
Shortages for the settlement |
0.08% |
|
% of Delivery ( No. of shares
deliverable / No. of shares traded ) |
29.25% |
Retail Debt
Market has completed its 2283rd settlement, details of which are as
follows:
|
Settlement
No. |
Traded
Value (Rs.) |
Settlement
Value (Rs.) |
|
|
|
|
Securities |
Funds |
|
D- 2012047 |
NIL |
NIL |
NIL |